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SALT.V ·

Atlas Salt Selects Oracle for Project Management Optimization

Corporate Updates

1

TSXV: SALT

100 New Gower Street, Suite 910

St. John’s, NL A1C 6K3

Telephone: (709) 739-9545

AtlasSalt.com

[email protected]

FOR IMMEDIATE RELEASE

Atlas Salt Selects Oracle for Project Management Optimization

St. John's, Newfoundland and Labrador – January 14, 2025 - Atlas Salt Inc. (“Atlas

Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF ) is working with Oracle

Corporation and deploying Oracle’s suite of project and financial management

solutions in support of the development of the Great Atlantic Salt Project.

Oracle’s project management tools, including Oracle Aconex, Oracle Primavera

Cloud, and Oracle NetSuite, have been integrated to streamline project timelines,

financial controls, and collaboration across all stages of the Project. See Oracle’s

news release (available here) for additional details on the technological

enhancements contributing to operational efficiency and risk mitigation at the Great

Atlantic Salt Project.

Richard LaBelle, CEO of Atlas Salt, commented: "We are pleased to work with Oracle

to bring the transformative impact of their solutions to our Project. The integrated

system has been instrumental in maintaining transparency, efficiency, and control."

The Company encourages stakeholders to review Oracle’s full news release at

https://www.oracle.com/news/announcement/atlas_salt_unifies_project_teams_and

_data_with_oracle_cloud_2025-01-14/ for comprehensive insights into the benefits

and scope of the collaboration.

For further information about Atlas Salt and the Great Atlantic Salt Project, and

ongoing updates, please visit https://atlassalt.com.

For further information about Oracle Construction and Engineering, please visit

http://www.oracle.com/construction-and-engineering.

About Oracle Construction and Engineering

Asset owners and project leaders rely on Oracle Construction and Engineering

solutions for the visibility and control, connected supply chain, and data security

2

TSXV: SALT

100 New Gower Street, Suite 910

St. John’s, NL A1C 6K3

Telephone: (709) 739-9545

AtlasSalt.com

[email protected]

needed to drive performance and mitigate risk across their processes, projects, and

organization. Our scalable cloud construction management software solutions

enable digital transformation for teams that plan, build, and operate critical assets,

improving efficiency, collaboration, and change control across the project lifecycle.

About Atlas Salt Inc.

Atlas Salt Inc. is developing Canada’s next salt mine and is committed to responsible

and sustainable mining practices. With a focus on innovation and efficiency, the

company is poised to make significant contributions to the North American salt

market while upholding its values of environmental stewardship and community

engagement.

For information, please contact:

Richard LaBelle, CEO

[email protected]

(709) 739-9545

We seek safe harbor.

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is

defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy

or accuracy of this release. This press release includes certain “forward-looking

information” and “forward-looking statements” (collectively “forward-looking statements”)

within the meaning of applicable Canadian securities legislation. All statements, other

than statements of historical fact, included herein, without limitation, statements relating

to the future operating or financial performance of the Company, are forward-looking

statements. Forward-looking statements are frequently, but not always, identified by

words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”,

“possible”, and similar expressions, or statements that events, conditions, or results “will”,

“may”, “could”, or “should” occur or be achieved. Forward-looking statements in this press

release relate to, among other things: obtaining financing, completion, delivery and timing

3

TSXV: SALT

100 New Gower Street, Suite 910

St. John’s, NL A1C 6K3

Telephone: (709) 739-9545

AtlasSalt.com

[email protected]

of project components and requirements, and analysis and assumptions related thereto.

Actual future results may differ materially. There can be no assurance that such

statements will prove to be accurate, and actual results and future events could differ

materially from those anticipated in such statements. Forward-looking statements reflect

the beliefs, opinions and projections on the date the statements are made and are based

upon a number of assumptions and estimates that, while considered reasonable by the

respective parties, are inherently subject to significant business, technical, economic, and

competitive uncertainties and contingencies. Many factors, both known and unknown,

could cause actual results, performance or achievements to be materially different from

the results, performance or achievements that are or may be expressed or implied by such

forward-looking statements and the parties have made assumptions and estimates based

on or related to many of these factors. Such factors include, without limitation: the timing,

completion and delivery of required permits, supply arrangements and financing. Readers

should not place undue reliance on the forward-looking statements and information

contained in this news release concerning these times. Except as required by law, the

Company does not assume any obligation to update the forward-looking statements of

beliefs, opinions, projections, or other factors, should they change, except as required by

law.